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Launched · SEC filings

Invesco S&P 500 Value with Momentum ETF

SPVMNYSE ArcaInvescoC

$78.05+0.30 (+0.38%)

As of Nov 2, 2026, 3:59 PM ET

C50/ 100

Rank 64 of 99 in US Multifactor

C50/100Rank 64 of 99inUS Multifactor
Intraday session: up, 78 prints from 77.75 to 78.05. Range 77.81 to 78.21. Use the arrow keys to read each point.77.8077.9078.1078.2010 AM12 PM2 PM4 PM
Expense ratio
0.39%*
Fund size
$142M
1Y total return
+22.6%
Yield · Last 12 months
1.81%
Holdings
103
Avg volume · 30D
9.62K sh
52W range
low $63.81high $78.97
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Aug 31, 2028. Without it: 0.44%.

The ETF.net SPVM Grade

C

Score 50 out of 100

Category
US Multifactor⁠
Rank
64 of 99
Six-pillar profile for SPVM. Scores out of 100: Cost 34, Risk 70, Mission 57, Tradability 45, Holdings 58, Durability 54. Strongest: Risk (70). Weakest: Cost (34). Leans toward Risk.

Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D34 out of 100
    Rank 64 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B57 out of 100
    Rank 78 of 87

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A70 out of 100
    Rank 19 of 99

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C45 out of 100
    Rank 50 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B58 out of 100
    Rank 47 of 98

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C54 out of 100
    Rank 50 of 99

Our read on SPVM

ETF.net Research

In short

CValue usually means catching a falling knife. SPVM screens the S&P 500 for stocks scoring high on both value and momentum, holding about 100 names: cheap, but already moving.

Stated mandate

The Fund seeks to track the S&P 500 High Momentum Value Index, which selects 100 stocks from the S&P 500 and represents large-cap U.S. equities.

Why people hold it

  • Double screen: picks roughly 100 S&P 500 names with the highest value and momentum scores, so cheapness has to come with price strength.invesco.com
  • Running since 2011, a long-tenured take on pairing two factors that often pull in opposite directions.
  • The hunting ground is the S&P 500 itself, so holdings are large-cap US companies, not small-cap deep value. Pays quarterly.

Worth knowing

  • Costs 0.39% net of a waiver through August 31, 2028 (0.44% gross), above the category median. Broad value peers VYM (0.04%) and VONV (0.06%) cost far less.
  • A smaller fund that trades thinly, so spreads can be wider than in mega-cap index funds.
  • About 100 stocks means it can look very different from the S&P 500 in any given stretch.

SPVM Performance

Launched Jun 16, 2011

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SPVM$12,261
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SPVM $12,261. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SPVM. Periods over one year show the average yearly return.
PeriodSPVM
Year to date+16.4%
1 month+7.3%
3 months+1.1%
1 year+22.6%
3 yearsper year+21.3%
5 yearsper year+11.4%
10 yearsper year+12.0%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SPVM
YearReturn barSPVM
2026 YTD+16.4%
2025+20.5%
2024+15.6%
2023+5.5%
2022−2.1%
2021+28.9%
2020−3.1%

SPVM in the news

SPVM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.81%Last 12 months
Payout per share
$1.41Last 12 months
Last payment
$0.38 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.01; Jun 16, 2017 $0.18; Sep 18, 2017 $0.22; Dec 18, 2017 $0.23; Mar 19, 2018 $0.17; Jun 18, 2018 $0.33; Sep 24, 2018 $0.29; Dec 24, 2018 $0.28; Mar 18, 2019 $0.21; Jun 24, 2019 $0.31; Sep 23, 2019 $0.23; Dec 23, 2019 $0.28; Mar 23, 2020 $0.22; Jun 22, 2020 $0.23; Sep 21, 2020 $0.21; Dec 21, 2020 $0.20; Mar 22, 2021 $0.20; Jun 21, 2021 $0.16; Sep 20, 2021 $0.18; Dec 20, 2021 $0.19; Mar 21, 2022 $0.22; Jun 21, 2022 $0.27; Sep 19, 2022 $0.31; Dec 19, 2022 $0.35; Mar 20, 2023 $0.37; Jun 20, 2023 $0.28; Sep 18, 2023 $0.26; Dec 18, 2023 $0.32; Mar 18, 2024 $0.27; Jun 24, 2024 $0.22; Sep 23, 2024 $0.29; Dec 23, 2024 $0.33; Mar 24, 2025 $0.33; Jun 23, 2025 $0.26; Sep 22, 2025 $0.46; Dec 22, 2025 $0.31; Mar 23, 2026 $0.37; Jun 22, 2026 $0.35; Sep 21, 2026 $0.38. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.38
Jun 22, 2026Jun 26, 2026$0.35
Mar 23, 2026Mar 27, 2026$0.37
Dec 22, 2025Dec 26, 2025$0.31
Sep 22, 2025Sep 26, 2025$0.46
Jun 23, 2025Jun 27, 2025$0.26
Mar 24, 2025Mar 28, 2025$0.33
Dec 23, 2024Dec 27, 2024$0.33
Sep 23, 2024Sep 27, 2024$0.29
Jun 24, 2024Jun 28, 2024$0.22
Mar 18, 2024Mar 22, 2024$0.27
Dec 18, 2023Dec 22, 2023$0.32

See all 61 payments⁠

$10,000 in SPVM 10 years ago paid $3,443 in dividends.⁠

SPVM Risk

Risk pillarA70 out of 100Rank 19 of 99 in US Multifactor
How much the fund’s monthly returns vary, scaled to a year.
13.3%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.19
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−19.5%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.69
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SPVM Cost

Compare SPVM and VYM

Overpaying vs VYM, tied cheapest in US Multifactor

$7,049

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SPVM 0.39%

    $7,898

  • VYM 0.04% Tied cheapest

    $849

$10,000
30 years

Cost over time

  • SPVM 0.39%
  • VYM 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530SPVM $7,898VYM $849

Year by year

YearSPVMVYMOverpaying
10$705$73$632
20$2,725$288$2,437
30$7,898$849$7,049
How the 0.39% is worked out

Full fee 0.44%− waiver 0.05%= you pay 0.39%

The waiver ends Aug 31, 2028. After that the fee is 0.44% unless Invesco renews it. Source: prospectus, Aug 2026.

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